Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]
The World Bank has voiced support for the efforts made by Algeria to diversify its oil-dependent economy, boost the private sector, improve governance and create job opportunities for the young people & graduates. At the end of a three-day visit to the North African country, WB Vice President for the Middle East and North Africa, […]
Andry Rajoelina, President of Madagascar, has defended his acquisition of French nationality in the interest of his children and doubled down that he will always defend the African country. Rajoelina has come under scrutiny since June after it was revealed that has dual nationality. His critics and the opposition questioned his integrity in claiming Madagascar’s […]
